Shores of Panama 9900 S Thomas Dr Unit 225 Panama City, FL 32408
Estimated payment $6,185/month
Highlights
- Beach
- Property fronts gulf or ocean
- 24-Hour Security
- J.R. Arnold High School Rated A-
- Indoor Pool
- Elevator
About This Home
Step into coastal comfort at Unit 225 at the Shores of Panama, one of PCB's most iconic full-amenity resorts. This beautifully maintained condo sits on the second floor, giving you the perfect blend of convenience, privacy, and quick access to the beach, pool deck, and parking garage. Inside, you'll find an inviting open layout with a full kitchen, granite countertops, and a spacious living area that flows naturally to your private balcony — the perfect spot for morning coffee or sunset views over the Gulf. The unit includes a bunk area, making it ideal for families or maximizing rental income. This condo is rental-ready, comes fully furnished, and sits in one of the strongest performing short-term rental buildings on the beach. Shores of Panama offers a massive lagoon-style pool, tiki bars, on-site spa, heated indoor pool, hot tubs, beach access, and private owner amenities. Whether you're looking for a personal beach escape or a proven income generator, Unit 225 gives you the best of PCB living.
Turn-key, rental-ready condo at the highly sought-after Shores of Panama Resort! Unit 225 delivers prime second-floor convenience, eliminating long elevator waits and putting guests steps from the pool deck, beach access, and the Gulf's emerald waters. This unit consistently performs as a strong income producer, making it a perfect addition to any investment portfolio. Inside, you'll find an open layout with a spacious master bedroom, bunks for extra sleeping capacity, and a private balcony overlooking the resort's signature lagoon-style pool. The kitchen features granite countertops, a breakfast bar, and everything needed for short-term rentals or extended stays. Washer/dryer included. Shores of Panama is known for its amenities that drive bookings year-round—massive resort pool, indoor pool, hot tubs, tiki bars, fitness center, covered garage parking, beach entry, and close proximity to restaurants, shopping, and nightlife. Projected ROI stays strong thanks to incredible guest demand, low floor location, and the resort's top-tier amenities. Whether you're expanding your portfolio or stepping into your first investment property, Unit 225 stands out as a reliable income generator in one of PCB's hottest rental markets.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,575
Year Built
- Built in 2007
HOA Fees
- $3,996 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Home Design
- Stucco
Interior Spaces
- Recessed Lighting
- Track Lighting
- Laminate Flooring
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Pool
- Indoor Pool
- In Ground Pool
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Additional Features
- Accessible Common Area
- Central Heating and Cooling System
Community Details
Overview
- Association fees include cable TV, insurance, internet, legal/accounting, ground maintenance, pool(s), recreation facilities, sewer, security, trash
- High-Rise Condominium
- Shores Of Panama Subdivision
Recreation
- Beach
- Community Spa
Additional Features
- Elevator
- 24-Hour Security
Map
About Shores of Panama
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,403 | $217,797 | -- | -- |
| 2023 | $3,403 | $197,997 | $0 | $0 |
| 2022 | $2,595 | $179,997 | $0 | $0 |
| 2021 | $2,138 | $163,634 | $0 | $163,634 |
| 2020 | $2,155 | $166,953 | $0 | $0 |
| 2019 | $2,010 | $166,005 | $0 | $166,005 |
| 2018 | $1,855 | $144,925 | $0 | $0 |
| 2017 | $1,906 | $166,388 | $0 | $0 |
| 2016 | $1,911 | $164,050 | $0 | $0 |
| 2015 | $1,929 | $160,608 | $0 | $0 |
| 2014 | $1,786 | $148,665 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/23/2025 11/23/25 | Price Changed | $359,000 | -1.6% | $384 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $365,000 | -- | $390 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | Attorney | |
| Special Warranty Deed | $10,804,100 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $154,000 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 773941
APN: 40000-675-019
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